Para 3.2.2 — CAM
Original Rule Text
3.2.2 After the Appropriation Act has been passed by the Parliament and assented to by the President, the Budget section/Finance Wing communicates the budget allotment. On the basis of the budget allotment communicated by the Finance Division, the Head of the Department will make distribution of the allotment among the DDOs under his control, through the concerned PAO. On the basis of the allotments and cash requirements for disbursal of pay and allowances, travelling allowances, contingencies etc. intimated by the CDDOs, the PAO will determine the amount of assignment for every quarter of the financial year. For determining the assignment of each quarter, the PAO will take into account the anticipated drawals on account of advances from GPF for which DDOs are authorised to issue electronic payment. The Pay and Accounts Officer will authorise the paying branch of the bank by means of a Letter of Credit(LoC), to make payment of cheques drawn from time to time or electronic payments by the concerned DDO during the said quarter, not exceeding the limit specified in the LoC. While issuing the LoC for the first quarter of the financial year after the Appropriation Act is passed, the PAO will take into account the LoC issued earlier on the basis of the "Vote on Account".